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32 Russell Rd, Colonie, NY 12206

Up to 28,210 SF of ADA-accessible office space with ample free parking and build-to-suit availability.

Space Size24,208 SF
Days on Market846

Property Features for 32 Russell Rd

General Information

Standard status Active
Size 24,208 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

ADA Accessible

Spaces For Lease

at 32 Russell Rd Contact us

32 Russell Rd $14.50/SF/Yr

Floor
1
Size
24,208 SF
Type
OFFICE
Lease Type
PLUS_UTILITIES
Availability
AVAILABLE, Now
Sublease
No
- Up To 28,210 SF Available - Ample Free Parking - Will Build-To-Suit - ADA Accessible...
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Listing Agency: Carrow Real Estate Services
Listed By: Rudy R. Lynch · License #10301200002
Source: Moodyscre
Added: May 22, 2024 Changed: Sep 9 Last Checked: Sep 14 at 12:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carrow Real Estate Services

Investment Insights

Based on property information with market context.

This office building offers up to 28,210 SF of available space with ADA accessibility. The property is available for build-to-suit, allowing the interior to be tailored to an incoming tenant’s requirements, while maintaining practical commercial improvements for office use.

The location is right off Central Ave, with quick access to the I-90 on/off ramp within seconds. The surrounding area includes restaurants, banks, shopping, and other nearby amenities, supporting everyday convenience for employees and visitors.

The offering includes ample free parking, supporting an efficient customer and staff arrival experience.

Key Highlights

  • Up to 28,210 SF of ADA‑accessible office space
  • Ample free parking available
  • Build‑to‑suit option available

Property Analytics

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Open Analytics

Current Use

NorDutch Technologies, Inc. Tech Support Center Murdock Abstract Corporation Title Company Gifford Abstract Corporation Title Company

Suggested Use

Top Pick Real Estate Agency Nail Salon Building Supply Spa & Massage Center Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

991
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Colonie, NY

$16.95 /SF/Yr
Avg Asking Price
$13–$22.66 /SF/Yr
Price Range
60,154 SF
Avg Space Size

This space is priced 14% below the average of $16.95 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Up to 28,210 SF of ADA-accessible office space with ample free parking and build-to-suit availability.
Where is this office building located?
The property is located at 32 Russell Rd Colonie, NY.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Up to 28,210 SF of ADA‑accessible office space; Ample free parking available; Build‑to‑suit option available
(518) 462-7491 Call to check price and availability
More about this property
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